Lenexa-based company adds leadership position to strengthen company’s digital strategy and security.
Lenexa, Kansas – August 22, 2024 – Commercial Capital Company, a provider of capital equipment financing to businesses and equipment vendors, today announced the hiring of Kyle Banks as Director of Technology.
Banks has more than 25 years of experience in technology leadership, specializing in managing and optimizing IT operations, security, and services. He will lead Commercial Capital’s IT initiatives including optimizing internal processes, strengthening cybersecurity, and improving the digital customer experience.
Previously, Banks was Senior Director of Technology Services at Aureon, where he led corporate IT operations, security, solutions engineering, and managed services that significantly improved efficiency and reduced costs. Prior to Aureon, Banks held leadership positions at Transaction Data Systems and NorthWind Technical Services, where he played a role in expanding the company’s IT capabilities into international markets.
“We’re incredibly fortunate to have Kyle join our team,” said Jonathan Yount, Commercial Capital COO. “His fresh perspective and expertise will be instrumental in transforming our leasing operations and enhancing our service offerings. This is an exciting time for our company as we embrace innovation and position ourselves for future growth.”
Commercial Capital launched in Kansas City in 1985 and has offices in Lenexa. The company currently serves nearly 3,000 customers nationwide, from start-ups to Fortune 500 companies, and offers financing solutions valued from $5,000 to $10M. The team at Commercial Capital has more than doubled since 2020 from 23 to 50 full-time employees.
“I’m thrilled to join a team whose family-first culture and core values deeply resonate with me,” said Banks. “Commercial Capital has established a strong foundation for the technology department, and I look forward to bringing more innovation to the table to support business growth.”
Banks joins new Director of Credit Seth Seely as the most recent leadership hires for Commercial Capital, bringing the Commercial Capital roster to 53.
About Commercial Capital
Commercial Capital Company is a financial services company that strategically advises to create real-time value, ensuring client success. Commercial Capital Company provides the best capital equipment financing experience by working alongside businesses and equipment vendors to find a bespoke, tailored lease-financing option to suit each capital-equipment purchase based on client needs and objectives.